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Financial institution A offers me an interest rate of 6.3% compounded quarterly while financial institution B offers me a rate of 4.7% compounded monthly on

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Financial institution A offers me an interest rate of 6.3% compounded quarterly while financial institution B offers me a rate of 4.7% compounded monthly on a certain business loan. If these two institutions were to offer Canadian mortgages such that their annual return on the mortgage is the same as on the business loan, what would the difference be in their advertised mortgage rate percentages? (answer as a positive number and 4 decimal places)

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